Is it possible for altcoins to be added to the US Reserve: Analysts Commented - Coin Bulletin

Before Trump takes office, rumors that a strategic crypto reserve including Bitcoin and altcoins will be created have boosted the prices of tokens like Solana, XRP, and HBAR, but experts are questioning the feasibility of this plan.

As the days until Donald Trump's presidency begins, the issue of creating a strategic Bitcoin reserve is occupying the agenda in the cryptocurrency world. However, there is a debate about whether the new president is interested in cryptocurrencies other than Bitcoin.

On Thursday, Solana, Ripple, and Hedera gained value after the news from the New York Post that Trump is open to the idea of creating a "US priority strategic reserve". The news mentioned that SOL, XRP, and Circle's USDC stablecoin are among the tokens planned to be included in this reserve.

Altcoiners Await Trump's First Day Steps ###

Crypto investors are expecting that with Trump's assumption of the presidency, he may announce the first day executive orders focusing on the digital asset sector.

During his election campaign, Trump promised to make the US a leading country in the crypto field and create a national Bitcoin stock. Meanwhile, the Bitcoin Law proposed by Senator Cynthia Lummis in July envisions the US buying 5% of the Bitcoin supply.

Some states are preparing legal regulations considering to create reserves in this direction.

Differences in opinion

Although some investors are open to the idea of purchasing cryptocurrencies other than Bitcoin, market experts are voicing their concerns.

Quinn Thompson, founder of the hedge fund Lekker Capital, said it was a ridiculous idea and would never happen. He stated that it is not right for the government to make a venture capital investment in altcoins.

Thompson said that such a strategic reserve rumor is the spread of an unrealistic idea in a wrong way.

Anthony Georgiades, the general partner of the investment firm Innovating Capital, expressed his positive view on encouraging U.S.-based innovation, but he mentioned that the idea of “nationalizing” digital assets could weaken efforts to decentralize blockchain economies.